Iran's Trade With Neighbors Tops $33 Billion in 8 Months

Iran traded 45.28 million tons of goods worth $33.71 billion, excluding crude oil exports, with the 15 neighboring countries sharing land or sea borders, during the first eight months of the current Iranian year (March 21-Nov. 21), registering a 22% fall in terms of weight, but a 2.17% rise in terms of value compared with the corresponding period of last year.
The latest data released by the Islamic Republic of Iran Customs Administration show the UAE was the main trade partner of Iran during the period with 15.69 million tons worth $15.16 billion. It was followed by Turkey with 7.32 million tons worth $7.21 billion and Iraq with 13.31 million tons worth $4.78 billion.
Exports stood at 39.13 million tons worth $16.27 billion during the period, registering a 25.29% and 2.33% decline in terms of weight and value, respectively.